Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

April Truck Orders Drop 10% to Lowest Level in 18 Months

Truck orders slipped 10% last month from the same period a year ago on a preliminary basis to the lowest level in 18 months, as Class 8 buying trends return to typical seasonal patterns.

May 11, 2015

TT Podcasts: RoadSigns

Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.

Business

Cummins Increases Investment in Natural Gas With Fuel System, New Medium-Duty Engine

DALLAS — Moving ahead with natural-gas applications despite the past year’s drop in diesel prices, engine maker Cummins Inc. announced a pair of investments in the alternative fuel at the annual Alternative Clean Transportation Expo here.

May 11, 2015
Business, Government

Supreme Court Won’t Hear Trucking’s Appeal of California’s Meal-Break Requirement

The U.S. Supreme Court has declined to hear appeals by two trucking companies that mounted challenges to a California law requiring employers to provide meal breaks to workers.

May 11, 2015
Business

Equity Firm to Buy Quality Distribution In Proposed $800 Million Tank-Truck Deal

Tank carrier Quality Distribution Inc. has agreed to be acquired for about $800 million by private equity firm Apax Partners, amplifying the recent acceleration of mergers in the transport sector.

May 11, 2015
Fuel, Business, Technology

OEMs Expand Their Presence in Telematics, Will Work With Tech Vendors, DTNA Says

PRINCETON, N.J. — Original equipment manufacturers will play a larger role in the telematics market in the years ahead, but their efforts will complement the services already provided by third-party technology suppliers rather than replacing them, an OEM’s telematics director told trucking technology professionals here.

May 11, 2015
Business, Government, Safety

Mich. Voters Reject Sales-Tax Hike Central to Transportation Package

Michigan voters last week overwhelmingly defeated a ballot measure that would have raised the state sales tax to 7% from 6% as the key element in a sweeping transportation funding plan that now is dead. 

May 11, 2015
Business, Government

Congress Criticizes Itself Over Lack of Highway Fix

WASHINGTON — Frustration among members from both sides of the aisle is intensifying with GOP leaders who have yet to unveil a funding patch for highway programs as a May 31 deadline fast approaches.

May 11, 2015
Business, Government, Safety

Vinyl Wraps Offer Flexibility, Cost Control for Fleets to Showcase Branding, Colors

The color a fleet chooses for its equipment is about more than appearances. For many, those hues are as vital to the company’s image as its name.

May 11, 2015
Business, Autonomous

Mack Demonstrates AMT for Vocational Vehicles

ALLENTOWN, Pa. — Mack Trucks has taken the next step in its integrated powertrain strategy by offering a proprietary automated manual transmission tailored to construction and heavy-haul applications.

May 11, 2015
Business, Logistics

Americold Launches Enhanced Visibility and Reporting Tool

Americold, a provider of temperature-controlled warehousing and logistics to the food industry, said it has launched the next generation of its supply chain visibility and reporting tool, i-3PL.

Seth Clevenger | Managing Editor, Features and Multimedia
May 8, 2015